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Planbox Acquires Imaginatik Creating an Agile Innovation Powerhouse

Imaginatik

Planbox, the pioneering provider of AI-Powered Agile Innovation Management software, and Imaginatik, the #1 ranked leader in Corporate Innovation Management according to Forrester Research, will join forces to seize on the innovation boom. This transaction is pending the final approval of Imaginatik shareholders by January 31, 2019.

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The Innovation 'Function'

Imaginatik

At Imaginatik, we call this the “fluff and magic” vision of innovation where value can only be created by anointed innovation/design Shamans toiling in exposed brick and beam lab/temples. Creatives and designers are part of that ecosystem, as are engineers and marketing execs… but innovation is not the exclusive domain of anyone.

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Open innovation & crowdsourcing resources

Board of Innovation

Open innovation software Imaginatik – collective intelligence software Venture Spirit – gamification platform Wellspring Worldwide – open innovation software 06. Research & development platforms Innocentive – open innovation problem solving IdeaConnection – idea marketplace and problem-solving Yet2.com

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Innovation Fertility

Imaginatik

One of these projects was a very high profile global innovation contest targeting universities and research teams in over 140 countries. A well-known, ‘mature’ industry client utilized the Imaginatik ‘head-to-head’ analytics tool to reveal a key cultural impediment to their innovation capabilities.

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Why Innovation Maturity Matters

Imaginatik

A culture of innovation may exist in certain pockets (such as within the engineering culture of many tech firms), or a declared group may already be doing great work on specific innovation projects. But this is very different from being an organization that understands, across the board, how to innovate together.

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5 Ways to Fail at Innovation

Imaginatik

Having “the usual people” working on an innovation project is a surefire way for it to fall into committee and go nowhere. In many cases, you can postpone large, highly deliberative decisions by breaking development efforts into smaller, modular decision points. Bungle team composition.

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Slaying the Two-Track Innovation Agenda

Imaginatik

The "surface" innovation agenda explicitly defines all the new activities designed to facilitate innovation. They followed best practices of design thinking, lean startup, and rapid prototyping to turn early-stage ideas into high-potential opportunities. On the surface, both of the example companies did everything right.